Apartment Building

Lake Mills, IA Apartment Buildings for Sale

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Northwood, IA Kiester, MN Thompson, IA Forest City, IA Walters, MN Glenville, MN Albert Lea, MN Alden, MN
8-Plex Residential Income Property
Updated: Jun 6
8-Plex Residential Income Property

207 S Lake Street, Lake Mills, IA 50450

$165,000
8‑plex rental property built in 1880
Unit mix includes 6 one‑bedroom apartments and 2 two‑bedroom apartments
Select units have newer flooring and paint updates
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Mills, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

City Side Estates Apartments
City Side Estates Apartments

600 Burton Lane, Fairmont, MN 56031

$2,800,000
36,840 sqft

36-unit apartment complex in Fairmont, MN, with 19 garages.

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Multifamily Apartment Building
Multifamily Apartment Building

905 E 5th Street, Blue Earth, MN 56013

$419,900
6,531 sqft

Apartment building with 11 units and on-site coin-operated laundry, plus plenty of resident and guest parking.

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Value-Add Apartment Opportunity
Value-Add Apartment Opportunity

830 Moore St., Blue Earth, MN 56013

$1,225,000
19,200 sqft 0.97 AC lot

Apartment complex with value-add potential in Blue Earth, Minnesota.

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Vacant Multifamily with Office Space
Vacant Multifamily with Office Space

111 & 107 Dorothy S, Fairmont, MN 56031

Contact for pricing
7,166 sqft 1.60 AC lot

Two multifamily buildings total 7,166 sq. ft. and include nine units plus an on-site office/conference space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Lake Mills, IA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lake Mills, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $165,000.

Sale prices for two-family homes in Lake Mills, IA start at $165,000, averaging $165,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,001
Population Growth (5Y) +10.9%
Median Household Income $76,522
College Educated 23.2%

Taxes & Financing

Tax Rate (average for all types) 2.47%
Property Tax per SF $24.95 per SF
Tax Rate vs County Average 0.26 pp above county avg
Average Loan-to-Value 65.0%

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